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FOX News
Feb 1, 2013 8:00am PST
in a terrorist attack at the u.s. embassy in turkey. a homicide bomber setting off the blast in front of that facility today killing a turkish guard. several injuries also reported in the explosion. the u.s. state department says it is working with turkish police to investigate the attack. it is also warning american citizens in turkey to avoid high-risk areas and to remain alert. the story still developing right now. much course we will continue to keep an eye on it, bring you the latest coming up in a live report. and right now, brand-new stories, and breaking news. jenna: the hostage crisis involving a five-year-old boy being held in an underground bunker now entering its third day. we'll speak with a former f.b.i. profiler about that tense situation. what do you do now? we'll talk about it. also new job numbers from washington. our unemployment picture is thrown into reverse a little bit. we'll break down the today the a tell you what it means for your wallet and the economy. and for some the super bowl is nothing but filler between those often-times hysterical commercials. jon: l
CSPAN
Feb 19, 2013 5:00pm EST
their approach to the syrian conflict does something they could do to reassure the u.s. and the international community, it seems to be another clear implication of what you are saying is that the u.s. takes further steps to support the syrian opposition it would be read as strengthening their view that we are out to get them. >> we are out to get assaad. are we ipso facto out to get adirondacks -- to get iran? are we going to protect the allies, which is something i think we need to do despite the fact that they have a bad record? no one in syria has a sterling record, but it think we need to give them the opportunity to say there is a news syria forming. do they want to be engaged? what is the relationship there? i'm not very optimistic that we could get the iranians on board, but maybe you could find a way to make them increasingly less relevant. do they equate that with a regime change? maybe. we have to be aware of it. i think that's a stretch. i think the iranians could see, what i say is increasing value in the opportunity to talk if they begin to understand that the region is not movi
CSPAN
Feb 27, 2013 8:00pm EST
history again this week when her statue was unveiled in the u.s. capital. we have not gotten to see the finished product yet, not until the unveiling in a few hours. what were the logistics involved in getting across the country from california where you work and also getting it set up in the capital is. >> guest: well my partner came out several days ago to coordinate the moving of it and she was in a warehouse in a crate for a little while here in washington. i wasn't here but i saw some photographs. they had a large crane and she weighs 2700 pounds. so they lifted her up with one of those long extension cranes, narrowly guided her into statuary hall. >> host: eugene daub your firm has done other sculptures. it any significant in your experience as this one? >> guest: well you know i don't think there is any as high-profile as high-profile as this one for sure. we have done jefferson and lincoln and louis and clark and a lot of other wonderful famous and important people but for some reason russo creates a stir and i think it's timely with black history month and her 100th anniver
MSNBC
Feb 21, 2013 6:00am PST
with its neighbors, peace negotiations and strengthening the u.s.-israeli strategic partnership. up next, the hacking into american computers. we're taking a deep dive into the security threat, who's being targeted and whether the u.s. government can do anything to stop it or whether they want to do anything to actively attempt to stop it. you're watching "the daily rundown" only on msnbc. [ male announcer ] if you can clear a crowd but not your nasal congestion, you may be muddling through allergies. try zyrtec-d®. powerful relief of nasal congestion and other allergy symptoms -- all in one pill. zyrtec-d®. at the pharmacy counter. and other allergy symptoms -- all in one pill. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. >>> it was this day in 1972 when president nixon began his trip to the people's republic of china, becoming the fir
FOX News
Feb 5, 2013 4:00pm PST
. tonight, droning americans. the once secret government documents that lays out when it is okay for the u.s. government to kill american citizens. plus, a woman accusing an ex-boyfriend in a last-ditch effort to win over the jury admits she did it. >> did you kill travis alexander? >> yes, i did. >> shepard: stabbed him, shot him, slashed his throat, she admits it all but she says she had a very good reason. plus, world class skier lindsey vaughn badly hurt in a big crash, air lifted right off the mountain. now, questions about whether organizers should have ever allowed this race to go forward. and, the whale that picked a bad spot to surface. >> oh my -- >> shepard: coming up, close encounter in a canoe. but first from fox this tuesday night, stories of sex, lies and the lover's bloody death. tonight, the defendant in a high profile murder trial in phoenix again testified in her own defense. her name is jody areas. she admits now she killed her ex-boyfriend stabbed him and slashed him over and over, shot him in the head and for good measure cut his throat from ear to ear. that was all bac
FOX Business
Feb 14, 2013 1:00pm EST
major deals. what's pressuring stocks? >> a fascinating look at ceo confidence, pwc's u.s. chairman is standing by. right now, he has his annual ceo survey. it might surprise you. >> calling senate's bluff on spending. lou dobbs weighs in. >> news on the stranded carnal cruise ship. the clock cannot turn fast enough. those poor people. >> i agree. up to speed on the markets, back to the floor, annie coal -- and nicole, another sideways day. >> dow down six points, not far off the unchanged line for all three major averages. the nasdaq and s&p squeeze out gains, the dow slightly to the downside. s&p, as we talked about yesterday, right, broader average, and the dow just has 30. it moves the archings more. one thing the traders talked about from the minute i walked in this morning was europe. you see the euro lower, the dollar is strong on a day where we heard that europe is struggling with growth over in germany, in particular, that's the real big one. france and italy would be in there. when you talk about the eurozone and growth potential seeing it is disappointing and not pulling
FOX News
Feb 20, 2013 3:00pm PST
in to effect that threatens the u.s. national security. thousands of jobs and more. conservative journalist byron york responding to the op-ed noting that boehner has uncomfortable position. adding why would boehner adopt the democratic description of the cut as deep when it affects small part of the federal spending? democrats are having their own problems coordinating their message, as the white house tries to push back on this probably attack. >> it was his proposal. i thought it was a bad idea. the president got it and he signed in law. he didn't have to sign it in to law. for a year, from august 2011 through the end of last year, the president did nothing to stop it. >> democrat max baucus chair of the senate finance committee told a local station back home the president bears some responsibility to fix this. >> the white house recommended it frankly. back if august of 2011. so now we are feeling the effects of it. i don't want to say the president solely is to blame. he is not. >> there is no sign of a deal. some officials say it's fait accompli that the cuts will kick in, or a couple
PBS
Feb 12, 2013 3:00pm PST
korea. that u.n. action followed north korea's launch of a satellite in december. the u.s. and others had warned that the rocket could also be used to carry nuclear weapons. today's nuclear test sent the u.n. security council back into emergency meetings to discuss yet more sanctions. u.s. ambassador susan rice. >> the actions of north korea are a threat to regional peace and security, international peace and security. they are not acceptable. they will not be tolerated. and they will be met with north korea's increasing isolation and pressure under united states sanctions. >> brown: in washington a state department official confirmed that pong jiang had informed the u.s. of its intention to test a nuclear device but had given no date. other nations joined in a wave of condemnation including the russian foreign minister who was in south africa. >> from what we have heard today, pyongyang violated its commitment and deserves condemnation because it ignored the norms of international laws. >> brown: even china, the north's lone major ally voiced its, quote, staunch opposition. it urged
CNN
Feb 12, 2013 7:00am EST
north korea's nuclear weapons and bollistic missile programs constitute a threat to u.s. national security and to international peace and security. and he continued the u.s. remains vigilant in the face of north korean provocations and steadfast in our defense commitments to allies in the region. obviously ther obvious obviously, there is grave concern. the north koreans are saying they have a different type of weapon, more sophisticated, more powerful. what is happening right now is that the u.s. and international organizations are monitoring what they -- what they can from this test. they are sending the united states, sending planes aloft and what they do, they have sensors on them, and they try to sniff the air in a way and figure out exactly what kind of explosion that was. because there are a couple of different types of explosions, and depending on that, we could find out how much they can do of testing in the future and perhaps create a bomb. soledad. >> jill dougherty, thank you, jill. ahead, we'll talk to gordon chang, author of "nuclear showdown." we'll discuss that, st
FOX News
Feb 22, 2013 1:00pm PST
. that statement from president obama is ridiculous. if you look at u.s. oil consumption, it's been declining for a long time now. last year we consumed 18.6 million barrels of oil a day, which i the same amount we consumed in 1996. so u.s. oil consumption is going down. not about the u.s. consuming more oil. western european oil consumption is going down. i you want to know where the growth is coming. , it's emerging marks like champion and india. china consumes two barrels of oil per person per year compared to the u.s. at 22 and at it just going to keep going -- >> it's not how much we're using but access to how much we're getting? the president says he has been more open to opening up land than anyone prior. you say what? >> well, i don't think so. obviously the u.s. energy companies are having some success. u.s. oil production has been rising for three years. u.s. and canada are the only two countries outside opec, showing any growth at all. but there's a lot more we can do. another big problem is the enable to build new pipelines to actually move oil from all these new fields in north d
FOX News
Feb 20, 2013 8:00am PST
so much higher? yes it's a refinery issue, yes it's a switch to summer blends, but also the u.s. government is weighing in on this. the energy information administration which is part of the department of energy put out this note. of it said essentially watch this tax move on the part of oil companies. in the month of december oil inc inch ten inventory convenient torreys dropped in the gulf coast region a tremendous amount, and why? look at this statement from the eia? they've said u.s. oils inventories typically decline in the month of december as oil companies try to cut their state and local tax bills. the more inventory you have the higher your tax bill. an interesting disclosure from the energy tporp administration. what we are seeing in california, more than a dozen cities are breaking the $4 mark on gasoline. why? because california has some of the highest state taxes in the country. also, hawaii, alaska, new york, the motorists there are going to have a hard time at the pump when they realize that their state taxes are pretty high versus the national average. the nation
CSPAN
Feb 26, 2013 12:00pm EST
: this is "the new york times" from february 20th. budget cuts seen as risk to growth in the u.s. economy. the cuts, most likely would reduce growth by 1 1/2 of a percentage point in 2013, according to a range of government and private forecasters. that could be enough though to again slow the arrival of a recovery, producing instead another year of sluggish growth and high unemployment. >> guest: well i guess if you take it from "the new york times" perspective you could make that argument because i think they see already a slowing in growth happening and this makes a convenient fall person for bad public policy been in place under four years of obama administration. we have slowed growth. it has been very stagnant. there are a lot of reasons for it. there are a lot of friction points put in place in our economy that need to be fixed. until we get our confess and the president of the united states to work together and begin to remove those friction points we'll continue have slow growth. if you look at a same slide you had up a moment ago ago, shows the sequester on the right hand of tha
NBC
Feb 28, 2013 4:00am PST
much for that. >>> there's word that u.s. may be changing its policy on aid to rebels in syria. nbc news has been told by senior official that is the u.s. will announce some aid will be given directly to certain syrian opposition groups rather than through nongovernmental agencies. the nonlethal aids could include body armor military training, and vehicles, but not weapons. the uprising against president bashar al assad began in 2011. >>> the u.s. supreme court is expected to make an important decision about the voting rights act by june. the high court heard arguments on a key part of the law that requires states with a history of civil rights discrimination to get permission in advance before changing their voting laws. shelby county, alabama, brought the case saying the law was outdated. outside the court hundreds of protesters from shelby county rallied to support the law as it is. the nine justices are expected to meet in private to discuss the merits of the case. >>> it is time now for weather. bill karens is here with the forecast. good morning. >> a rainy forecast in the nor
FOX News
Feb 26, 2013 12:00pm PST
: the u.s.-led military coalition in afghanistan reported a drop in taliban attacks last year. they were wrong. according to a coalition spokesman, clerical errors led them to report a 7% drop in taliban attacks from 2011 to 2012 when 201 was exactly the same is a 2011, just as bad. u.s. and ally officials cited a drop in violence when defending the u.s. drawdown inia. now that argument is out the door. here's the news live at the pentagon. are we getting a straight answer how this happened? reporter: well, in essence, someone finally noticed that after reporting to congress last year that attacks by the taliban were down by 7%, a figure derived from month-to-month reports from the field about the number of enemy attacks, in fact u.s. and nato officials didn't include the figures gathered by the afghans themselves, leading to the following statements promenade meteorologist. >> violence levels had been trending downward in the last two years after five years of steady increases, beginning in 2006. reporter: the problem is the attacks weren't trending downward. they were exactly the same
FOX News
Feb 26, 2013 4:00pm PST
. jennifer, what happened? >> well, with little fanfare, shep, u.s. and nate officials in afghanistan removed from their web site the month-to-month figure saying attacks by the taliban were down by 7% last year. there seemed to be a mistake. a mistake that led to administration officials making statements like this. >> violence levels have been trending downward in the last two years after five years of steady increases beginning in 2006. >> the problem is the attacks weren't trending downward. they were exactly the same as in 2011. an embarrassing admission by the pentagon that the the narrative about how the president's strategy in afghanistan was bearing fruit may have been misleading, shep. >> shepard: they must be making some case at the pentagon in their own defense. >> well, in essence, they blame the afghans. the afghan commanders supposedly forgot to submit their field reports about the attacks so the pentagon data was misleading. >> this is a regrettable error in our database systems that was discovered during a routine quality check. we are making the appropriate ajustments. in sp
FOX News
Feb 5, 2013 10:00am PST
story on new details from the justice department that seem to lay out its case for killing u.s. citizens if they're determined to be a terror risk. the memo first reported by nbc addresses issues raised after recent drone strikes including the one that killed american born al-qaeda leader, but now a bi-partisan group of senators says it wants to know why they were never briefed on what is apparently new presidential authority. chief intelligence correspondent kathryn her image is live with more. >> reporter: this letter signed by eight democrats and three republicans urges mr. obama to produce a highly classified memo that authorized the targeted killing program so that, quote, congress and the public can decide whether the president's power to deliberately kill american citizens is subject to appropriate limitations and safeguards. asked about an unclassified draft memo first reported by nbc news, it argues the president has the right to target americans for death because of their leadership within al-qaeda such as the cleric you see here who was killed in september 2011. the attorney g
MSNBC
Feb 12, 2013 12:00am EST
address january 24th of last year, just weeks after the last u.s. troops had left iraq for the last time. in the run-up to this year's state of the union address, just this weekend, the weekend before the first state of the union of president obama's second term, this is what happened in afghanistan. this is the change of command ceremony in afghanistan. general john allen handing over command of u.s. and international troops in afghanistan to a new commander, to general joseph dunford. this is the 14th time that command has transferred in the afghanistan war, because that war has been going on for that long. general john allen is out as commander. he is handing over the leadership. if all goes as planned, general dunford is going to be the last person to have this job. he will be the 15th of 15 u.s. commanding generals for this war in afghanistan. as such, a substantial portion of what he'll be responsible for as commander will be leaving, the huge logistical feat of getting us after fighting there for 12 years. is that going to be a focal point of tomorrow's state of the union address?
CSPAN
Feb 12, 2013 9:00am EST
structures in europe and in the u.s. but there's another reason. the reason is, that has been said this morning, of course, economy is not always and only about data, but it's also about hegemony. it's a fight about ideas and the question is what kind of ideas? give you one little example. when we are talking about the europe crisis in europe, conservatives have reached one thing. the euro crisis on their view, and that is agreed on by many politicians and also by the public, the euro crisis is a crisis and has its reasons, in the public deficit. this is only one small part that they succeeded in bringing this view through, and it's also, that has consequences of course for economic policies. and, therefore, it's very important, and, of course, american economic debate has huge influence on european debates. it's very important that we are talking together, that we are working together and that we are trying to make a more differentiated approach on what and how to make policies engage the crisis. and that is, that is important because, and let me say that, because this room is ful
CSPAN
Feb 8, 2013 9:00am EST
at sigtarp and was also at the u.s. securities and exchange commission who -- and served as counsel to mary schapiro and christopher cox. and investigative financial fraud, insider trading and other violations of securities law. she spent time as a litigator. her jd is from brigham young law school and she went to school here, old dominion university. the special inspector general from tarp and a recent report. treasury continues approving excessive -- excessive pay. on twitter -- is this all hindsight? guest: it is interesting. one of the things we constantly report on is things that should have been done better. you have to respect that a lot of decisions were made with a sense of urgency. but the compensation decisions were not. there was plenty of time to set up a good system for that. and even for the discount -- for the decisions that were made in a rush, it is really important we point out how things could have been done better. let's say we get and the situation where there is another crisis. and treasury and the regulators are running around with a sense of courtesy in an emergency
FOX News
Feb 25, 2013 8:00am PST
, technically i wear one. the u.s. postal service®, no business too small. martha: you are the seth mcfa martha: "happening now" starts right now. jon: brand-new stories and breaking news. jenna: four days ago in washington's fight to avoid steep budget cuts u. may feel it in a big way on your next trip to the airport. more on the olympic icon charged with premeditated murder. we have the latest on the "blade runner" charged with killing his girlfriend. a second serving of severe winter weather. it's all happening now. countdown to the sequester showdown. hi, everybody, i'm jenna lee. and i just floated this idea to our audience. you know the jaws music from the academy awards? every time we say sequester this week i'm wondering if it should come up. jon: a little audio cue. jenna: both because it's a little ridiculous and also because everyone is making it so dramatic. jon: i'm i'm jon scott. four days until the cuts kick in. democrats holding a news conference now with the air travel association on how sequestration will affect air travelers, but they are not the only ones. the white house sa
FOX News
Feb 22, 2013 11:00am EST
to the fact of the 18,000 police departments in the u.s., only a minority, about 300 have the money to spend on aerial assets such as helicopters or light aircraft. those who support drones argue that there are essentially misunderstood. most are very small like the one you see here costs between ten and $50,000. and they can only fly for about an hour or less. they can not be armed. those who support the drones say they are force multipliers for local cops and rescue crews. >> it is an extra tool in the tool kit for the first-responders to use and it is more portable than a lot of manned assets that are out there. >> reporter: those against the explosive expansion of drones say the law has not kept pace with technology which means simply basic privacy right its are at stake here. >>> number one, drones should never be used to look into private areas like your bedroom window or your barn, what have you, without a warrant. number two when you're out in public you are being watched by people around you but you don't expect you're being tracked everywhere you go all day by some unseen eye in th
Current
Feb 19, 2013 3:00pm PST
cyberinfrastructure. now a report ties the chinese government to dozens of cyberattacks on u.s. banks government agencies and other industries. abc has the details from washington. >> reporter: the cyberattacks have hit some of the largest u.s. constitutions, banks, military contractors and energy companies. and a new report from an u.s. cybersecurity firm points the finger at the chinese government. this nondescript office in shanghai is believed headquarters for a chinese army unit. the chinese government and military deny the accuindications butaccusationsbut there is skepticism. >> they're not going to allow this amount of hacking without controlling it. >> reporter: 100 organizations and companies were hacked, including coca-cola. how does this type of international hacking affect average americans? u.s. investigators say this amounts to economic he espionage it could cost countless americans jobs. >> there is no question about it. cyberwarfare cyberattacks, cybertheft are the future. >> reporter: today the white house would not comment directly on the report. >> we have repeatedly raised o
NBC
Feb 5, 2013 6:00pm EST
. >> reporter: roughly 10 million to 12 million people illegally in the u.s. many accept pay below the legal minimum. afl-cio unions are onboard to end that. >> prevent what's wrong from driving down the wages of everybody else. >> reporter: analysts say that under president obama, the u.s./mexican boarder is more secure. the net number of migrants not increasing. activists demand, reform, now. >> not contingent at all on additional enforcement, whether it is border security or any other types of enforcement. >> reporter: at the first house hearing on the obama initiative -- >> the question is what to do about the 10 million or more people not lawfully here. >> reporter: republicans remain wary. >> what cannot become is a nation with the laws enforced selectively or not at all. >> reporter: boehner sounds open to option. >> this is about trying on get it right. on behalf of the american people and those who are suffering under an immigration system that doesn't work very well for anybody. >> reporter: the issue hurt republicans in november. latinos turning out to vote democratic. the backers
FOX News
Feb 25, 2013 11:00am EST
seek to narrow it like when we persuade ad court to drastically limit a u.s. government request for two months of user search queries. now, keep in mind, google owns an awful lot of properties. not only is there google but gmail, youtube, picasso, online photo sharing site. feed burner, a management tool for bloggers or orkit. a networking site popular in india and brazil and android smartphone operating system. this new legal issue how much access the government should have to internet communications is subject of a conference featuring legal scholars, civil libertarians and google representatives is starting at 1230 in washington. we'll keep an eye on that. if you don't want the government to poke around your online history. delete your history. it doesn't entirely stop the access of it but limits the duration they can examine it. jon, back to you. jon: brave new world we're getting into. doug mckelway, thank you. jenna: don't why when you buy. that is the national campaign when purchasing firearms. statistics show buyers are not always completely honest. many are suspected of giving
CSPAN
Feb 22, 2013 2:00pm EST
, that the u.s. patent office issued a patent. i will not give you a pop quiz. it was labeled john deere plow. the implement sketched out could have easily been labeled one of the most important inventions in history. they called it the plow that broke the plains, and it did. by replacing cast iron with smooth innovation, it opened up swaths of land for cultivation. it made it possible for my hometown to exist. beforehand, tilling an acre took a full 24 hours. afterward, as little as five. every toil ended another assumption of what the land could produce. it is not just the start of agricultural success, but of national success. this kind of game changing innovation has enabled us to leap ahead and increase harvest and feed the whole world. sometimes these innovations come from the most advanced science. other times they are simple steps and ideas that come from looking at and listening closely to the problem. all of them can break down barriers to food security. it can allow us to allow new paths of progress. we need those new pathways forward. take a look at a few recent headlines. "drough
CNBC
Feb 20, 2013 6:00am EST
with the company. >>> meantime, buyout vaufrs come up short. >>> and a u.s. judge says that bp recovered 810,000 of barrels of oil from its 2010 gulf of mexico spill site. the judge ruled that this amount should be excluded from certain penalties that the company may face, cutting its maximum fine by as much as $3.5 billion. a spill-related civil trial as we've been reporting this week is due to start next week in new orleans. >>> at the top of the show, you said something that made me think of ground hog day. you said markets at a new five--year high. >> i said new -- i don't like to say fresh. and you really don't need to say new five-year high -- >> five-year high -- >> but i see it every. where i saw -- >> we say it every day, too. seems like we've been in this position. five-year high. five-year high. ♪ >> we're not that far from a new high. >> a real new high. >> hopefully. how many people -- remember yesterday, how many people said, no, this can't go much -- we've got to have a correction. and you know, a lot of times that's a lonesome cry after a while about the correction and they
FOX News
Feb 25, 2013 4:00pm PST
england journal of medicine. >> word that the u.s. is ready to join other nations to try to cut a deal with the iranians as the new secretary of state john kerry makes his first trip overseas. what the west will reportedly offer and what iran has to do with the nuclear program in a live report coming up next. plus, would you look at this -- a car flies straight through the roof of a house. coming up, how the driver got away without a scratch. a homeless man returned a diamond ring to its owner. now, the internet is returning canning like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from. price is right no problem, they make you feel like you're a family. get a synthetic blend oil change, tire rotation and much more, $29.95 after $10.00 rebate. if you
CNBC
Feb 25, 2013 3:00pm EST
're long-term investors. we oversee one of the largest corporate pension plans in the u.s. as well as the mutual fund complex. that's all summarized with $12 billion in assets. i can tell you that they're the most optimistic we've seen them. >> whether or not they count longer tell. when you see the s&p hold the 1,500 mark. that attracts investors for a longer term. >> it does. but that's not where we're really seeing the excitement from the professional investors. we're seeing that in the fundamentals of the market. they believe that you're well compensated for taking equity risk at this point in time. the earning yielding with the dividend yield, the payout yield on the s&p 500 is at or near 25-year highs. and if it were my money and it is, at least some of it, i'm betting on equities. >> all right. rick santelli, tell us about your view of the market action today. especially as we watch these italian elections which we will get to. michelle caruso-cabrera will join us with the latest there. but a strong dollar and the 10-year yield down sharply in terms of getting out of its tra
MSNBC
Feb 6, 2013 6:00am PST
, february 6th, 2013. "the daily rundown." i'm chuck todd. a lot of news to get to and by the way the u.s. post office will hold a 10:00 a.m. press conference that they are cutting saturday mail and they will take six months and a question we all have why does it take six months? good-bye fiscal cliff and debt ceiling, hello to the efforts of delay or suspend the "s" word, the sequester, that automatic defense and spending cut mechanism that's set to take effect on march 1st. on tuesday president obama went public for the first time in a while with his opening offer on the budget battles ahead, and today he goes behind closed doors with senate democrats in their retreat in annapolis to strategize and preview his state of the union addressch the white house wanted to send two messages with the president's visit to briefing room yesterday. one, that the burden of shutting off the sequester is on congress. >> if congress can't act immediately on a bigger package, they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of
FOX Business
Feb 28, 2013 11:00am EST
's on capitol hill. >> there could be, but for now, nothing going. a couple votes in the u.s. senate. a democratic vote to replace cuts in ten years, but the pay fors and cuts take a decade, including a 30% minimum tax rate for income amounts of over $5 million. as a republican plan, allows flexibility for the president to go and fill in the spending cuts from elsewhere in the budget. neither proposal will pass. the president meets with congressional leaders tomorrow at the white house. the rest of congress out at that point when spending cuts, automatic spending cuts begin tomorrow. leaders skeptical saying it's just a foe toll opportunity. -- photo opportunity. no deal, but voting is this afternoon. dagen: thank you. as we edge closer to the deadline, the impact of the cuts on the economy, on the market, could they be more drastic than investors bet on? to break it down, a professor at the international business schools, jeremy hills in studio with me, managing director at tf marketing advisers. katherine, will the impact on the economy, an economy only growing one-tenth of a perce
CNN
Feb 20, 2013 1:00pm PST
department cuts, according to this forced budget plan cut. just for some perspective, the u.s. is going to spend $88 billion this year, this year in afghanistan. we're going to have much more on this part of the story coming up later, barbara. thanks very much into here in washington, president obama is doing an end around the national press today. he's taking questions from local tv stations, blaming congress for doing nothing to avoid these forced spending cuts scheduled to take effect in just nine days. so what kind of cuts is the president willing to take? jim acosta confronted the white house press secretary today with that question. jim is joining us now. how did it go? >> reporter: wolf, here we go again. the white house and congress move one day closer to the massive forced spending cuts that go into effect at the end of next week. and even though they both agree it's a problem, they are both busy blaming each other to fix it. the white house sounding the alarm. poor children will be tossed out of classrooms, health services will be slashed, border security will be compromised a
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